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Siemens shines for Vietnam solar

Siemens has won an electrical balance of plant contract to supply systems to Trung Nam Group for a 258MW solar farm in Vietnam.

read more... 13/07/2018

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Savannah makes oil discovery at Kunama-1 exploration well in Niger

The oil find at the Kunama-1 well, which was drilled by the GW 215 Rig to a total measured depth of 2,460m, marks the firm’s third consecutive discovery in its maiden exploration campaign in the R3 portion of the R3/R4 PSC Area in ARB.

read more... 13/07/2018

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Danish Vestas secures its biggest order in Serbia

Danish wind turbine producer Vestas received its third and largest order from Serbian MK Fintel Wind for a 69-megawatt (MW) wind park, the company announced Thursday.

read more... 13/07/2018

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Daily (12.07.2018): Brent crude plummeted by almost 7% on Wednesday, on news that Libya would increase output

Oil prices slumped on Wednesday, on concerns of increasing trade tensions between two world’s major economies - United States and China. Brent crude tumbled by 6.9% to $73.40 a barrel, following the news that four ports in Libya would ease back in the game. Meanwhile, WTI crude traded 5% lower at $70.38 a barrel.

read more... 12/07/2018

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Electric vehicles could lift UK peak power demand by 5-8 gigawatts by 2030: National Grid

The growing use of electric vehicles could increase peak electricity demand in Britain by between 5 and 8 gigawatts (GW) by 2030, National Grid said on Thursday.

read more... 12/07/2018

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